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of frustration especially among senior members in both parties in part because president obama, house speaker john boehner seem so close to getting a deal done. they were really close on taxes and entitlement reform. we saw that last week house speaker john boehner couldn't get his plan b through the house. aides tell me right now president obama does not feel as though he has to compromise much more. he believes he has the leverage because he won reelection. >> on taxes i know it is hard for the republicans but the president ran on that platform. 250. no taxes for people below but taxes above. he won. 60% of the voters said they were for it in the exit polls including some republicans. >> reporter: there is also a lot of skepticism among lawmakers. senator joe lieberman said he thinks the country is closer than ever to going over the cliff. the last time interestingly that lawmakers worked between the christmas holiday and new year's was in 1996. that is, of course, when they were dealing with the government shut down. politics will be put aside this morning. the president, a lot of members
obama vowed reforms to gun laws. the national rifle association is also weighing in calling for armed guards in schools. the fiscal cliff just ten daps eway with no deal in sight. in fact, president obama, house speaker john boehner literally thousands of miles away from each other. speaker boehner back home in ohio. president obama and family are in his native hawaii for a short holiday break. he return to walk after christmas. >>> in egypt the vice president is stepping down. this man announced political life does not agree with him and he'll go back to being a judge. e t e-of-the egyptian people are voting on the newest constitution. protests erupt the last month when the new president gave himself near absolute power. >>> those of your headlines at this hour. i'm don lemon, keeping you informed. cnn, the most trusted name in news. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security advise secretly flew to china, beginning a string of meetings tha
. president obama, house speaker john boehner literally thousands of miles apart. boehner is back in ohio. president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in attacks across syria, most in damascus and its suburbs. >>> india, riot police blasted protesters with high-pressure water hoses trying to break up massive angry rallys against the government. people are furious after a woman reportedly gang raped and beaten on a moving city bus last weekend. protesters demanding changes to india's laws regarding rape saying women are not safe in new delhi and other cities in india. >>> a former marine spent more than four months at a mexican prison is free and heading home to florida. john hammer locked up in august on weapons charges. his family says he was physic
obama and house republicans at loggerhead. >> i'm listening to what you say about the republicans and they have changed the limits, willing to accept higher taxes on certain taxpayers. further than they had gone previously. and the president, do you think it's an all or nothing proposition or -- he had said there was wiggle room last weekend. >> he did but i don't know what that wiggle room is because as you mentioned, speaker boehner, who is not one of those people who is standing there promising to not raise taxes on anyone, he's in the middle, trying to negotiate it. he's worked very hard. he came up with proposals that democrats sported -- supported two and four years ago. he put forth a proposal that was identical to one that nancy pelosi had suggested back when it was her idea. and the president just simply dismissed it out of hand. he said raising taxes on only people mdking $1 million or more a year isn't going to cut it. and so i don't really -- i don't see how, given the things that harry read and president obama have dismissed out of hand that speaker boehner brought th
president obama. it's sort of interesting. who's ever in power in the white house, the opposite would of course i does better. a democratic in the white house tends to do better. then there's the conservative under president bush, they tend to do better. in fact, bush at one point being questioned about jobs are sent and says look what i'm doing for the book industry because there were so many books out critical of him come assorted middle of the second term. >> guest: and the irony was his own book, decision points several years ago if it wasn't the best-selling nonfiction book of that year was awfully close. >> host: the whole theory that people vote at the bookstore in much smaller numbers. but you show your alliance by buying up woke pedigrees. more polemical books about by people who cruise the authors. >> host: real-time policy books came out in james mance, the struggle. jeffrey toobin, the oath, obama white house versus the supreme court and michael grunwald, new deal: hidden story of changing the obama era along with bob woodward's, the price of politics. i want to ask, did
. in fact, president obama and house speaker john boehner are literally thousands of mimes away from each other. both men left washington for the holidays and president obama and family, they are in his native hawaii for a short christmas break. he returns to washington after the holiday. in egypt, the president is stepping down. this man announced today that political life does not agree with him and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country's newest islamist-backed constitution. the new president gave himself near absolute power. those are your headlines this hour. i'm don lemon, keeping your informed. cnn, the most trusted name in news. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security adviser secretly flew to china, beginning a string of meeting ises that would eventually open that isolated eastern nation to the western world. that opening checke
. president obama, house speaker john boehner, were very close to getting a deal. president obama had given a little on entitlement reform, house speaker john boehner had given a lit until terms of agreeing to increase taxes. but they just couldn't get to the finish line. ultimately, everything sort of fell apart. i've been speaking to aides at the white house who say president obama doesn't feel as though he needs to give in a whole lot more because he won the election and he ran on a platform of increasing taxes on those making $250,000 or more. chuck schumer addressed this issue earlier today. take a listen. >> on taxes, i know it's hard for the republicans, but the president ran on that platform, $250,000. no tax increases to people below but taxes for people above. he won 60% of the voters said they were for it in the exit polls including some republicans. >> reporter: so again there is senator chuck schumer. so certainly still big topic of conversation despite the fact that everyone is now on recess. alex, yesterday we spoke to some folks who said this is really weighing on them as th
- called fiscal cliff. the president and congress have left town for the holidays. house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for severa
. it turns out mr. obama was paying attention. ed henry, fox news chief white house correspondent. president obama nominating senator john kerry to be the ne secretary of state, claiming his entire life has prepared him for this role to lead america's foreign policy. >> over these many years he has -arned the respect and confidence of leaders around the world. he will not need a lot of on-the-job traing and has earned the respect and trust of senate colleagues, democrats and republicans. fair to say that few individuals know as many presidents and prime ministers or grass our foreign policies as firmly as john kerry, and this makes him a perfect choice to get american diplomacy in the years ahead. lou: and high praise for one of the people of this administration from this job was a natural, obviously coming after susan rice, ambassador rice was, well, withdrew her name from consideration. joining us now, former pentagon official, fox is security analyst, former u.s. ambassador to the united nations. what do you think of this appointment? >> i think it will be more of the same, only worse. i
from a fiscal cliff deal? how far? president obama said he and house speaker john boehner talked yesterday, it was their first conversation since monday, when the two sides offered up concessions on tax hikes for the wealthy, the president offered lower tax rates for people earning up $400,000 a year, and for computing entitled benefits. in his weekly address, boehner stood firm, his message for the president, the ball is in your court. >> the president and senate democrats have vowed to reject and veto all of our proposals and failing to offer responsible solutions of their own. when the president has offered so far will not do anything to solve our spending problem and address the crippling debt. and he refuses to challenge the members of his party to deal honestly with the entitlement reform and the big issues that are facing our nation. that is why we finds orz oursel here today. >> the president's christmas break in hawaii may be quick, he is planning to return to washington right after christmas, briana, live in hawaii, i'm wondering, we are talking about the fiscal cliff t
than john kerry and, the obama white house says he's a republican and, republicans will go for him, but on foreign policy issues, especially the last several years, he is way to the left of president obama in terms of iran sanctions. he's -- iran sanctions, the vote which got 92, 97 votes in the senate and he voted against, and, a letter signed by 99 senators, denouncing russia and he refused to sign it and he's anti-israel and talked about the jewish lobby in 2006. and for a republican -- talking about the jewish lobby having too much influence on capitol hill, will that person be appropriate to be secretary of defense? i think senator hagel will not be nominated by president obama, he likes him, they went on this trip together and he likes the idea of having a republican and all of that but republicans -- and also democrats, are quietly turning to the white house, what are you doing to us? you are a liberal democrat, what do you want him for, he voted against democrats on gay rights and abortion and gun control and now they are supposed to walk the plank because the president thi
within our veteran population. we have been involved with the hundred days campaign to house veterans in 2012. president obama established a goal to end veteran's homelessness by 2015 which i think is doable and the department of housing and urban development came together to establish the hud slash veterans housing program which, is models after section eight and san francisco has received 500 of the vouchers to date. we have learned that our chronically homeless veterans were having a difficult time finding apartments in the private marked in fact many veterans have had vouchers issued in 1212 and so what we have here is a situation where we have a federal agency, the mayor's office and housing authority and human services agency who have focused to encourage private landlords to provide housing for these veteran and is a few months ago one of those landlords the owner of 2524 mission street came forward to offer to least his 33 stew apartments which are above the restaurant on joule which, is now the -- restaurant to least those apartments to veterans who have those vouchers and
-855-999-1399 or visit exelonpatchoffer2.com. >>> if you're still listening to president obama and house speaker john boehner, you would be forgiven for thinking about the fiscal cliff fight is about taxes. >> unless the president and congress take action. tax rates will go up on every american taxpayer. >> if the argument is that they can't do, they can't increase tax rates on folks making $700,000 or $800,000 a year, that's not a persuasive argument to me and it's certainly not a persuasive argument to the american people. >> here is the rub -- the discussion centers on whether or not to let the top income tax rate jump from 35% to 39.6% on the marginal part. the part above the number of the let's call it $400,000. john boehner says don't give the government more revenue because it already spends altogether too much. now the question is not really wouldabout that 4 billion 6% continues on what the rich would pay in taxes. the real conversation boils down to the role of government. generally speaking, democrats are willing to entertain a bigger role of government in society, republicans want a role
. president obama made concessions. some that our side is not crazy about. the house of the majority started walking away announcing what they will do in a take-it- or-leave-it manner and introduced a political hopes for us today. do not anybody be fooled. the american people know better and see through this. they know a compromise means that we must meet in the middle. the majority continues to think if they pass extreme legislation and then run for the hills, the rest of us will be forced to give in. we have seen similar antics for the majority. holding the credit of this nation for the first time in history hostage and losing our credit rating, to voting 33 times to repeal health care reforms. the majority has continually advanced cynical and partisan agenda at the expense of our nation's welfare. given this, it is no surprise the approval rating for congress is at an all-time low. historians have said it is the least productive congress in our history. in the election just last month, the american people made their voices heard. when asked to choose between the extreme agenda, they said
, abc news, the white house. >> president obama is expected to attend the late senator's funeral in hawaii today. a public visitation was held yesterday in honolulu. casket carrying the 88-year-old veteran arrived there yesterday. the senator lost an arm in world war two and was the first japanese american elected to the senate. he died on monday. his body lay in state at the capitol in washington for two days. >> up next, they answer the call to the holiday teeth troop. the made in america treat that's now filling cookie jars around the world. and a live look from the camera in san rafael where they are experiencing light rain, about 50 degrees. lisa will tell us whether that's going to last or get stronger. she has your >> welcome back, everyone. it's 6:49. he are showing you live doppler 7hd. the red and the yellow are the hotspots bearing the brunt of the rain right now. you see santa rosa, cloverdale and further north heelsburg getting really slammed this morning. you can track the storms when ever, wherever this weekend by going to our website, abc7news.com to see leave dop
house. >> president obama is expected to attend the late senator danielle enowa's funeral in hawaii today. a public presentation was yesterday in hon allow lou. the casket carrying the 88-year-old veteran arrived there yesterday. he lost an arm in world war two and was the first japanese american elected to the senate. he died on monday and his body lay in state in washington for two days. >> did you see this? i did. one wheel of fortune spinner seemed to get it all, all the right letters and answers to the clues. but there was something about the way she said it that the show's producers did not like. abc has the story. >> she was on a roll. >> yeah! >>. >> twelve days of christmas. one thing swimin. they are swimming with the g. one lift letter cost her nearly $4,000. and was she robbed? this couple on the money talk guest post it before the work man. wrong! they lost $800,000. and screams. fox admitted the error and offered them another shot. >> season one of abc's who wants to be a millionaire. this guy guessed wrong what is the second biggest lake. and they sid he guessed wrong
red jacket. >> the problem isn't this. the real problem is the guy who was visiting a obama in the white house just a few minutes ago. mr. harry reid. the senate has not passed a budget more than three years. the senate has not passed anything on the fiscal cliff greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obama, because the democrats in the senate are doing his bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote last night would increase taxes. now, i disagree with that characterization. but that impression is out there. the number of our members who just really didn't want to be perceived as having to raise taxes. that was the real issue. gerri: in some ways he was talking about grover norquist. the man it is about this tax pledge where is the common ground there? >> the reason that we have a plan be now is because the houses are devoted to pass all of the
? >> by all appearances, it was a status quo election. returning us to the division of power, obama and the white house, democrats in control of the senate and republicans in the house. but appearances can be deceiving and in this case they are. the most important reality of the election is that the republican effort to oppose anything and everything proposed by obama, almost like the parliamentary party, was not rewarding and taking the debt ceiling hostage was not rewarded. calling the obama health care plan, which was their own only a few years earlier, socialism was not reported. that means they have to begin to rethink themselves and importantly, democrats will not automatically embrace the same tactics in opposition, so i think that was an important change that creates a new dynamic, not that it's going to solve our problems. there's going to be no sitting around the camp liar and washington making nice to one another, but the possibility now exists for a real effort and a successful effort to deal with our most pressing problems. >> two familiar washington faces, thomas mann
, shortly before barack obama entered the white house, we asked you to send us your book list for the new president, what you thought he should read as he prepared for the highest office. now president obama's getting ready for his second term. time for a new list. what one book should be on his desk or bedside table? share your thoughts at our website, billmoyers.com. coming up on "moyers & company," another pulitzer prize winning writer, junot dÍaz, on the old and new america. >> the biggest megaphones want to talk about the person on top. they want to talk about the hero, the winner. but the little megaphones, you're in a library with your librarian, you're working at the church in the basement, helping folks out, you're coming in to a home and reading to elderly. there are all these other little megaphones that are telling you and whispering that "this is beauty, this is humanity, this is america." >> that's it for this week. i'll see you next time. -- captions by vitac -- www.vitac.com >>> don't wait a week to get more moyers. visit billmoyers.com for exclusive blogs and essays. thi
to the fiscal cliff discussion. we saw those talks between the house speaker and president obama collapse this week. all eyes now on the senate. i want to show what the president called for before he left for his christmas holiday on friday afternoon. here's the president. >> all of us, every single one of us, agrees that tax rates shouldn't go up for the other 98% of americans, so there is absolutely no reason, none, not to protect these americans from a tax hike. >> senator isakson, he said every republican, every democrat in washington said everyone earning under $250,000 shouldn't get a tax hike. so he wants to put that on the floor along with an extension of unemployment benefits and some relief from this that's going to hit january 1st. any chance you could support that, senator isakson? >> i feel the house should have passed speaker boehner's bill and the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody, but i'm not in the majority in the united states senate, and he's the president of the united states. if we ge
in sight. the obama administration has a clear policy of avoiding intervention. what do you think should be done more in syria? >> syria is a complex issue. i was the author of the syrian accountability act, which passed both houses of congress and signed by president bush in 2004, slapping sanctions on serbia for the first time ever. -- syria for the first time ever. we knew in 1979 that syria was an acre and a better of the -- abetter of the assad regime. it put sanctions on serbia for doing all these horrendous things, including supporting terrorism, for occupying lebanon, and other things. assad is a bad guy. his father was a bad guy. the assad dictatorship has ruled for 40 years. the have been ruthless in their power. ally in then's main region. i think it would be a blow to iran if the regime were to fall. we are very cautious. we do not want to get involved in any more wars. think it is enough. i do think there are a lot of things we could be and should be doing to help the opposition and syria. >> such as? >> rough finally recognizing the opposition. we're finally helping to arm
from my house. >>> finally, did you think the holidays would come and go without seeing president obama singing "deck the halls." not so. he is back in the game. ♪ deck the halls with bows of holly ♪ ♪ fa-la-la-la-la la ♪ don we now our gay apparel ♪ fa-la-la-la-la la >>. ♪ toll the ancient yule tide carols. >> that's from the same team that allowed us to see call me maybe. that's it for now. up next, your business with j.j. ramberg. [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. nine grams protein. zero fat. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. wears off. [ female announcer ] stop searching
christmas break. president obama was among the dignitaries that attended the memorial service for the senator. the world war ii was the first japanese-american elected to both houses of congress, serving hawaii for 50 years. he died of respiratory complications last monday. he was 88 years old. former president bush is still in stable condition in a houston hospital. the 88-year-old former president has been hospitalized since november undergoing treatment for bronchitis. doctors are opportunistic he will make a full recovery. they said today he still needs to build up strength before they can release him. no discharge date has been set . >> it looks like the weather will be active as we head into the holiday week. just a few scattered clouds right now. when we turn the corner toward christmas, that will change. it is dry right now at the airport. there is a chance we could see light rain or snow during the day on monday, christmas eve. it should be drawn on christmas day. a bigger storm on wednesday and thursday. we have a lot to talk about in the forecast. we will do that mo
, suggesting that the brits weren't up to hosting the olympics. next, it was the uproar when the white house went to war with the catholic bishops by insisting religious organizations cover employees for contraception and barack obama's frozen performance in the first debate? >> i'm going with london. i was there at the time and it was not only the worst moment for mitt romney but the best moment for boris johnson, the mayor of london, when he came out with that fantastic line, "i hear there's some guy named mitt romney." >> i think it was the olympics, too, because it knocked 10 or 12 days out of his campaign, no one in his campaign wanted to go and he went for a show horse. >> he didn't watch the show horse. >> that would have killed his campaign early. if he had gone for greco-roman wrestling. >> why did the show horse hurt? >> it's a high-end, rich people sport. chris: and he had a horse in the race. >> i think that foreign trip was pretty bad, too, but not just because of london because after he left london he went to jerusalem and didn't meet with the palestinian president. things got
. 2012] >> later, on friday, president obama met with harry reid and house speaker john boehner in been predicted to reporters that he would sign a bill before january, extending tax cuts for most americans. his brief remarks came as congress left without a vote on what would take effect next year. this is just under 10 minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle-class. and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending, but also ask the wealthiest americans to pay more, a proposal that will strengthen the middle class over the long haul, and our economy over the long haul. in the course of these i still believe that reducing our deficit is the right thing to do for the long-term health of our economy and the confidence of our businesses. i remain committed to working towards that goal, whether it happens all at once, or whether but it happens in several different steps. bu
is a serious blow to house speaker john boehner who hoped to gain leverage in his discussion with president obama and signals conservative republicans are unwilling to stomach any rise in tax rates even on those making more than $1 million which was mr. boehner's plan. so walk us through what happened on friday. how did we get there? and it seems like the speaker of the house didn't see this coming, and a lot of folks in washington want to know why not? guest: we begin the week with the speaker of the house saying negotiations between he and president obama had stalled. they were stuck on their -- i guess i would say maybe not their final offers but current offers. boehner said he would raise taxes on those making a million a year or more and get all told $1 trillion in tax increases which he wanted to be matched with $1 trillion in spending cuts and the rate increases on those making $1 million or more and remove loopholes and deductions to get the rest in revenue and then you had your spending cuts. the president, sort of depends on how you do your math and counting, but the president --
, leigh gl >>> president obama and his family are spending their holiday in hawaii. they arrived this morning. before they left they recorded the holiday address from the white house. the theme, joy to all including the joy of giving and joy of service and joy of homecoming. >> here that is especially true for some of our military families. the war in iraq is over. transition in afghanistan is under way and after a decade of war our heros are coming home. let's say a prayer for all our troops, especially those in afghanistan. >> i believe that we should serve them as well they serve this country. >> in a holiday wish given by john boehner is that both parties can come together and reach a solution to avoid the fiscal cliff, one that protects families and small businesses alike. >> preliminary results tonight show egypt's have received a yes majority of more than 70%. they went to the polls on a draft constitution. two top government officials resigned. proposed constitution would do with away the posts. with his background as a judge, politics doesn't suit him. egypt's central go
by the authors of "the end of the line." romney versus obama and the 34 days that decided the election. our guest are senior white house report glenn thrush and jonathan martin. "washington journal" live at 7:00 a.m. eastern here on c-span. >> if you worked for him you'd get a mercurial, sometimes generous, sometimes overbearing, sometimes almost cruel boss, who didn't know how to apologize. which men of his age and class
to the demographic currents that have made it hard to win the white house. democrats that look at this and say, president obama gave up too much in his final offer when he went up to $400,000 on the taxes. both sides, this is -- we've had decades of polarization and you are seeing on the debt ceiling and this, it is hard to find the bridges between the parties that are representing very different americas and different coalitions. >> they're also sort of looking at the possibility of going back to the minority, and a couple years the minority tends to cure the purists after a while. >> you would hope. one thing that did not happen this week, the democrats could not come to conclusion what cuts in spending they would like to make. they made some offers. pulled them back almost within 24 hours. that party is as hard over on spending as the republicans are on taxes. >> we haven't actually seen, we have watched and they're both arguing the other's issue. you know -- >> we kept thinking couple weeks ago, we said, just not time yet. they never do anything. we're now at the time. >> past time. >> and
so should the rest of the 1%. >> reporter: the question who is considered rich? house speaker john boehner pushed for tax hikes for those making $1 million or more. president obama is drawing the line at incomes of $400,000 or hire. >> you can afford to pay a little bit more. you know, you're not -- you're not too strapped. >> reporter: earl mack falls well within the rang of wealthy as a multimillionaire. he agrees millionaire earners should see taxes rise. >> we are, this country, is in a lot of fiscal trouble. and i think it's the obligation of all those that can give and help out the country. we're americans and we should. and it's our -- it's aour heritage. >> reporter: mack, who is a former ambassador to finland says the rich could chip in other areas. he made his fortune in real estate development and investment. he says leave the capital gains tax alone because that encourages business development. but he says the dividends tax rate should be raised back to 25%. he says congress should close tax loopholes on luxury items for jets and yachts. founders stock, he says, should
♪ and everybody go uh! >>> welcome back. president obama invited a 16-year-old boy he never met to a holiday party at the white house this year. even though they've never metd alex birdie is one of the youngest volunteers. here's dan lothian with his story. >> reporter: it takes a lot of people to make a president. big-time advisers, big donors and a very big rolodex bulging with volunteers, one of the youngest might well be 16-year-old alex birdie. >> i think politics is going to be my route. >> he's not your typical teenager. politics is in ms. blootd and passion is in his heart. >> one day we were driving along listen to go to political radio. we have to go in now. >> in 11th grade went all in, juggling high school classes and part-time courses at a local community college canvassing for president obama. >> we're a middle class family. when we talk to them, it's he relatable. she has a son in high school. >> training campaign volunteers old enough to be his parents. >> the first time i can see a lot of faces. i had to start screaming training over here. from a kid, no? that wouldn't be useful,
republicans for it. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion that will be done. that would be close to the $4 trillion needed to stabilize the debt and to begin to bring it down. >> and if no action is taken by the end of the year taxes go up for everybody. back to you, eric. >> we have to see. the clock is ticking. >> tick, tick, tick. more on the fiscal cliff negotiations. i am joined by congressman peter king from new york who is involved. congressman, great to have you here. >> great to be here. >> happy holidays
sides and their willingness to compromise. president obama, 57% of the people said he's not willing enough to compromise. for the house republicans, it was considerably worse. 76% saying they were not willing to compromise enough, 14% saying they were too willing. both sides fairing poorly in terms of people thinking they are too intransigent. the president better. the president has at least incentive to want to compromise. >> clearly. he should be doing that up to the 11th hour. he needs to show he's willing to be at the table knowing it's not likely and hoping it doesn't happen. it seems important things start to happen in january. not only do the tax cuts go away and starting from a different starting point for the negotiations here. you got what you wanted. >> in terms of the taxes. >> there are prices to be paid. the unemployment benefits going away. all that serious price to be paid short term. then the new congress comes in, the filibuster rule may be changed by reid. you may have a new speaker or boehner, because he doesn't bring it to the floor does -- >> be in a strong pos
of the fiscal cliff now with nine days left to cut a deal. lawmakers are home for the holidays. house speaker john boehner, his plan b went bust. before leaving town president obama urged congress to pass a mini-plan that would preserve middle class tax rates. the president is now in his native hawaii for a quick christmas break. briana keiller joins us from honolulu. hello, briana. is this fiscal cliff deadline getting closer, what do we think will happen as the holidays rolls out here? >> reporter: well, there's one sort of last ditch effort possibility here, don, and that is when the senate reconvenes on the 27th, it's possible that either they could try to pass something and sort of force it on the house or it's possible that they could take a bill that they've already passed back in july with the threshold of those tax hikes being at the $250,000 level and that they could kind of say to the house, okay, now the ball is in your court. you have to deal with this, but it's still very much a possibility, don, that this doesn't work out, that we go over the fiscal cliff, and that was reflecte
, carried out the raid that killed osama bin laden. president obama and other dignitaries gathered to remember senator daniel inouye in hawaii. he was buried in honolulu. he was the first japanese american elected to both houses of congress and the second longest serving senator in u.s. history. inouye represented the state of hawaii for nearly 50 years. the the 88-year-old died of respiratory complications last monday. >>> lawmakers are losing hope that a comprehensive deal to avoided fiscal cliff can be reached by the end of year. many are pushing for a patchwork measure. a broader plan to better balance taxes and cut spending would be discussed in the new year. congress is on break for christmas. they'll only have a few days to get any type of deal done when they return after the holiday. >>> mitt romney's sontagg says his father, quote, wanted to be less than anyone he's het in his life. he made those comments "the boston globe." tagg romney said his father had no desire to become president and would have stepped aside if he had someone to take his place. he described his fathe
and they would go to the white house. if you go to the white house are you going to tell your friends what was served at dinner, what michelle obama were, who was there and what was senator so-and-so really like? what obama said to you when he shook her hand and what about that spoon that fell onto your jacket? today we pick up the cell and call someone and we have lost the more we tax someone and we don't describe the ambience, the music. we will say a obama obama cool or senator so-and-so. 200 years ago bibas it down and composed several lengthy letters that provided the nuance, the context. we know what the weather was uncertain days during george's life because he took notice of the weather. we know how many hoc said head of cattle he slaughtered on a particular day. he bortell down. today we are losing all that and the internet provides a great way for all of us to do our research. the internet provides a way of connecting people but also with all the new technology we could be losing a lot so historians and another 100 years are going to have a rough time. today we seem to be extra c
that president obama wants us to go over the cliff. i have to say up until last thursday when the senate -- the house voted on plan b, the boehner plan, i thought this was all jockeying and maneuvering for position. but when they defeated the plan, house republicans did, to increase on taxes only on people making $1 million a year i suddenly thought we may go over the cliff. one of the interesting things to see is the markets. this could be a situation where the markets basically force washington to do something by taking a real hit this week. we will see. >> and senator kent conrad of a different opinion? >> his feeling the obama plan, the president on friday before going to hawaii offered a paired down plan. an increase of taxes on people making over $250,000. and extent unemployment benefits and kick the can down the road on everything else. he said he thinks we can do better than that and should do better than that. he is proposing basically to split the difference from where obama and boehner were before plan b. basically get about $2.5 trillion in deficit reduction. i don't know if
uts are & set to trigger after januaryy first. in washington, i'm karin caifa. 3 house and senate meebbrss headed ome with plans to return to the capitol on thursday, december 27 if 3 theepresident selects áhis choiceá for the country's - new top forrign diplomat. diplommt.mister obama ... saying massachusetts senator jjon kerry is aareaay &prespected around the world... and his entire life has 3 department...as you'll presidential nominee in 2004 3 obama says: "i also hhve to say thanks because john invited a young illinois state senator to address the -3&pdemocratic convention ii boston.é boston.ékerry diddnot speak at & ttday's announcementthe 3 without the presence of & current secretary hillary -3 clinton who is at home ... recuperating from a concussion she ustained whennshe fainted. &p3 3 three people are charred with murder toniggt affer & investigators say they causedd a natural as eepllsion too collect insurance money. money. his was the aftermath oo the november 13th people and iijured 12 others. -3 33 homes were leeeled i
to their guns and not be a tax increase and party and time for president obama to compromise, lest we forget, elected to give them control of the house of representatives which is to say we want you to hold the line on taxes. >> alisyn: what is the next move? you've studied this. what do you predict in the next week? which side is going to do something and what? >> my prediction would be that basically, both sides essentially stand down and say, okay, let's extend this until 2013. let's maintain the status quo and then let's get back after the new year and negotiate this then, but it's important the republicans not give in now. they don't-- that's not fair to the voters who put them back in to basically protect the economy and if you want to hurt the economy, the quickest way to do it is to raise taxes on the most productive. >> alisyn: john, you're the editor of real clear markets.com. we'll see what happens if your prediction comes true, sounds like a good one. >> fingers crossed. >> alisyn: startling new numbers show that teenagers don't think that marijuana is dangerous. our next guest s
this week. >> david kerley reporting from washington tonight. thank you. >>> president obama attended the burial today of daniel inouhe. it was a 19-gun salute when the senator's coffin arrived at the national memorial cemetery of the pacific. he was the first japanese american elected to both houses of congress, the second longest serving senator in american history. he was 88 years old. >> the other big story we're following tonight, with a third of all americans traveling for the holidays, meteorologists are worried about the nightmare after christmas. two new storms are moving in. we'll get the forecast in i minute, but first the mess the weather is already creating. >> reporter: it's the christmas trip turned nightmare for drivers on the east and west coast. in northern california with more snow expected to blanket the sierra mountains tonight, cars are having trouble just staying on the road. >> the roads are bad. there's a lot of spinouts further east. there's going to be chain control for the next two days at least going into christmas. >> reporter: with warmer temperatures in
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